Which of the Following Would Be Considered an Implicit Cost

question 234

Multiple Choice

Which of the following would be considered an implicit cost of operating a business?

• A)shipping expenses
• B)Social Security contributions for employees
• C)the resale value of delivery vans the company owns and uses for its deliveries
• D)interest payments on a loan

Understand the importance of ethical behavior and continuous learning in achieving high performance.

Recognize how a learning culture facilitates high performance and innovation.

Realize the significance of employee engagement and satisfaction in driving high performance.

Understand the defining characteristics of normal distributions.

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Definitions:

Unused Closet

A storage space within a building that is currently not being used to store items or belongings.

Alphabetical Order

The arrangement of words or phrases by the sequence of their first letters or characters.

Hyphenated Name

A personal name consisting of two or more words joined by a hyphen, often used to combine surnames or given names.

Prefix

A series of letters placed before a word to modify its meaning or create a new word, commonly used in the English language and in scientific terminology.